Target Hospitality Corp.

TH

US87615L1070

Hotels, Motels & Cruise Lines

Real-time Estimate Cboe BZX Other stock markets 02:21:10 2024-04-29 pm EDT			5-day change	1st Jan Change
11.32 ^USD	+1.80%		+3.15%	+16.61%

Apr. 12	Stifel Downgrades Target Hospitality to Hold From Buy, Adjusts Price Target to $12 From $13	MT
Mar. 25	Deals of the day-Mergers and acquisitions	RE

Target Hospitality Corp. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

March 13, 2024 at 06:56 am EDT

Target Hospitality Corp. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 41.49 million compared to USD 54.78 million a year ago.

Revenue was USD 126.22 million compared to USD 152.44 million a year ago. Net income was USD 37.84 million compared to USD 31.57 million a year ago. Basic earnings per share from continuing operations was USD 0.37 compared to USD 0.32 a year ago.

Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.31 a year ago.

Latest news about Target Hospitality Corp.

Stifel Downgrades Target Hospitality to Hold From Buy, Adjusts Price Target to $12 From $13	Apr. 12	MT
Deals of the day-Mergers and acquisitions	Mar. 25	RE
Sector Update: Consumer Stocks Lower in Late Afternoon Trading	Mar. 25	MT
Sector Update: Consumer Stocks Sliding in Afternoon Trading	Mar. 25	MT
Sector Update: Consumer	Mar. 25	MT
Target Hospitality Shares Jump After Receiving Buyout Offer from TDR Capital Affiliate	Mar. 25	MT
Oppenheimer Cuts Target Hospitality's Price Target to $10 From $12, Maintains Outperform Rating	Mar. 25	MT
Target Hospitality Shares Jump Pre-Bell After Receiving Buyout Offer from TDR Capital Affiliate	Mar. 25	MT
Target Hospitality Shares Rise Pre-Bell After Getting Buyout Offer from TDR Capital	Mar. 25	MT
Arrow offers to buy remaining stake Target Hospitality	Mar. 25	RE
TDR CAPITAL: ARROW SAYS WILL SIGN DEBT COMMITMENTS PRIOR TO SIGN…	Mar. 25	RE
Arrow Holdings S.à r.l. made a non-binding proposal to acquire remaining 51.2797% stake in Target Hospitality Corp. (NasdaqCM:TH) from TDR Capital and Others for approximately $560 million.	Mar. 24	CI
Stifel Trims Price Target on Target Hospitality to $13 From $14, Keeps Buy Rating	Mar. 14	MT
Tranche Update on Target Hospitality Corp. (NasdaqCM:TH)'s Equity Buyback Plan announced on November 9, 2022.	Mar. 13	CI
Transcript : Target Hospitality Corp., Q4 2023 Earnings Call, Mar 13, 2024	Mar. 13
Target Hospitality Corp. Reiterates Earnings Guidance for the Year 2024	Mar. 13	CI
Target Hospitality Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 13	CI
Target Hospitality Corp. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 13	CI
Earnings Flash (TH) TARGET HOSPITALITY Reports Q4 Revenue $126.2M	Mar. 13	MT
North American Morning Briefing : Stock Futures -2-	Mar. 13	DJ
Target Hospitality Announces Appointment of John C. Dorman to Board of Directors	Feb. 20	CI
Target Hospitality Appoints Jason Vlacich to Expanded CFO Role; Reiterates 2023, Preliminary 2024 Guidance	Jan. 23	MT
Target Hospitality Corp. Reaffirms Its Full Year 2023 and Preliminary 2024 Financial Outlook	Jan. 23	CI
Target Hospitality Corp. Announces Chief Financial Officer Changes	Jan. 23	CI
Target Hospitality Corp. Promotes Troy Schrenk to Senior Executive Vice President Operations and Chief Commercial Officer, Effective as of January 23, 2024	Jan. 23	CI

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Company Profile

Target Hospitality Corp. offers vertically integrated specialty rental and hospitality services companies in North America. The Company operates through three segments: HFS - South, Government, and All Other. HFS - South Segment operations consist primarily of specialty rental and vertically integrated hospitality services revenue from customers in the natural resources and development industry located primarily in Texas and New Mexico. Government Segment operations consist primarily of specialty rental and vertically integrated hospitality services revenue from customers with government contracts located in Texas. All Other Segment operations consist primarily of revenue from specialty rental and vertically integrated hospitality services revenue from customers primarily in the natural resources and development industry located outside the HFS - South segment. The Company provides specialty rental accommodations, culinary services, and hospitality solutions.

Sector

Hotels, Motels & Cruise Lines

Calendar

2024-05-06 - Q1 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for Target Hospitality Corp.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

11.12 USD

Average target price

11.33 USD

Spread / Average Target

+1.92%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

Sector Other Hotels, Motels & Cruise Lines

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